Resolution Plan

Resolution plan drafting and presentation services in India are crucial in the context of corporate insolvency and bankruptcy proceedings. With the implementation of the Insolvency and Bankruptcy Code (IBC) in India, the resolution process has become a significant aspect of corporate restructuring and turnaround strategies. Resolution plan drafting and presentation services play a critical role in helping distressed companies devise and present a viable resolution plan to creditors, insolvency professionals, and other stakeholders, ensuring a smooth resolution process.

The process of resolution plan drafting and presentation services in India typically involves several key steps:

1. Understanding the Distressed Company: The resolution plan drafting and presentation services provider begins by gaining a thorough understanding of the distressed company’s financials, operations, management, and industry dynamics. This includes conducting a comprehensive review of the company’s financial statements, business model, market positioning, competitive landscape, and other relevant factors.

2. Financial Analysis and Projections: The resolution plan drafting and presentation services provider conducts a detailed financial analysis of the distressed company, including an assessment of its financial performance, cash flow projections, and other key financial metrics. This analysis helps in understanding the company’s financial health, identifying the root causes of its distress, and formulating a realistic resolution plan.

3. Assessing the Legal and Regulatory Environment: The resolution plan drafting and presentation services provider evaluates the legal and regulatory environment, including the applicable laws, regulations, and guidelines related to insolvency and bankruptcy proceedings in India. This includes understanding the timelines, procedures, and requirements set forth by the National Company Law Tribunal (NCLT) and the Insolvency and Bankruptcy Board of India (IBBI) for resolution plan submission and presentation.

4. Stakeholder Analysis and Engagement: The resolution plan drafting and presentation services provider identifies and analyzes the key stakeholders involved in the resolution process, including the creditors, shareholders, employees, and other relevant parties. This includes understanding their interests, concerns, and expectations, and devising a stakeholder engagement plan to address their needs and gain their support for the resolution plan.

5. Resolution Plan Drafting: Based on the analysis and understanding of the distressed company, the resolution plan drafting and presentation services provider prepares a comprehensive resolution plan. This includes formulating a clear and coherent plan that outlines the proposed resolution strategy, financial restructuring, operational improvements, and other measures to revive the company and ensure its long-term sustainability.

6. Financial Modeling and Sensitivity Analysis: The resolution plan drafting and presentation services provider develops financial models and conducts sensitivity analysis to assess the financial impact of the proposed resolution plan. This includes evaluating various scenarios, assumptions, and contingencies to ensure the viability and feasibility of the resolution plan under different circumstances.

7. Presentation and Negotiation: The resolution plan drafting and presentation services provider presents the resolution plan to the creditors, insolvency professionals, and other stakeholders in a compelling and persuasive manner. This includes preparing a detailed presentation, addressing questions, concerns, and objections, and negotiating with the stakeholders to gain their acceptance and support for the resolution plan.

8. Compliance and Documentation: The resolution plan drafting and presentation services provider ensures that the resolution plan complies with the applicable laws, regulations, and guidelines related to insolvency and bankruptcy proceedings in India. This includes preparing all the necessary documentation, forms, and agreements required for the submission and approval of the resolution plan by the NCLT or other relevant authorities.

9. Monitoring and Implementation: Once the resolution plan is approved, the resolution plan drafting and presentation services provider assists the distressed company in implementing the approved resolution plan. This includes monitoring the progress, ensuring compliance with the agreed-upon terms and conditions, and providing ongoing support to the company to ensure the successful implementation of the resolution plan.

10. Post-Resolution Support: The resolution plan drafting and presentation services provider may also provide post-resolution support to the distressed company, including monitoring